Search - 2003

 
 
SOCCER / World cup
Jun 29, 2002

Oceania assured of one spot at future World Cup finals

YOKOHAMA -- Oceania will be awarded one spot at the 2006 World Cup, FIFA president Sepp Blatter said on Friday at a press conference following a FIFA executive committee meeting held earlier in the day.
BUSINESS
Jun 19, 2002

Germany poised to displace Japan as world's second-largest aid donor

Japan may be replaced by Germany as the world's second-largest aid donor in 2006, only five years after losing to the United States its long-held status as No. 1, according to a Foreign Ministry document obtained Tuesday by The Japan Times.
JAPAN
Jun 18, 2002

Tax relief, deregulation featured in new package

The government and the three ruling parties compiled an additional package of antideflation measures Monday that includes tax cuts in fiscal 2002 and the creation of special deregulation zones to promote private-sector activities.
JAPAN
Jun 15, 2002

New Kansai runway faces delay

The transport ministry on Friday sharply lowered its forecast for passenger demand at Kansai International Airport off Osaka, indicating that the scheduled opening of a second runway in 2007 could be delayed.
BUSINESS
Jun 8, 2002

Yanagisawa rips regionals over deposit guarantee

Financial Services Minister Hakuo Yanagisawa blasted several regional financial institutions Friday for asking the government to keep the full guarantee on current deposits beyond its planned termination date of April 1, 2003.
BUSINESS
May 28, 2002

Koizumi sits while tax reform tug of war rages

As the government intensifies discussions toward compiling a fundamental tax reform blueprint next month, a new priority is emerging -- using tax breaks as a tool to revitalize the economy.
Japan Times
BUSINESS
May 24, 2002

Snow Brand Milk posts 71.74 billion yen net loss

Struggling Snow Brand Milk Products Co. said Thursday it posted a group net loss of 71.74 billion yen for the 2001 business year, 35 percent worse than the year before, due to plunging sales in the wake of a food mislabeling scandal at its meat packing subsidiary.
BUSINESS
May 14, 2002

MMC returns to black after two years of losses

Mitsubishi Motors Corp. on Monday reported a return to the black for the first time in three years, posting 11.3 billion yen in consolidated net profits in the 2001 business year.
EDITORIALS
May 12, 2002

Harry Potter and the no-show sequel

Where is Harry Potter when we need him? For the second year in a row, the nonappearance of Book 5 of the small bespectacled one's magical doings is throwing readers of all ages into a spring tizzy.
COMMENTARY / World
May 3, 2002

U.S. homeland still insecure

Half a year after the creation of the Office of Homeland Security, how well is the Bush administration doing in its efforts to improve protection of the United States against terrorist attacks? No major attacks have occurred since Sept. 11, giving a first impression that the effort is going well. But...
Japan Times
JAPAN
May 1, 2002

Tracking systems try to tackle food safety

Shoppers are now being invited to check with their own eyes that what something is labeled is what they actually eat.
BUSINESS
Apr 25, 2002

Sharp, Sanyo to hike LCD panel production

OSAKA -- Sharp Corp. and Sanyo Electric Co. Ltd. said separately Wednesday they will boost production of liquid crystal displays to meet a fresh surge in demand.
COMMENTARY
Apr 23, 2002

A path through the smoke

Japan indisputably is the top smokers' paradise in the industrial world, as well as in East Asia, where China, South Korea, Hong Kong and Taiwan are tightening restrictions on smoking. In Japan, smoking is allowed in many government and company offices, restaurants and taxis. Some hospitals do not restrict...
BUSINESS
Apr 23, 2002

FSA panel eyes new property rules

An advisory panel to the Financial Services Agency has unveiled a set of draft rules for accounting that would oblige businesses to book latent losses on fixed property holdings, starting in fiscal 2005.
BUSINESS
Apr 22, 2002

Over 30% of firms to reduce recruitment due to IT slump

More than 30 percent of 150 major companies are planning to cut new recruitment next spring, mainly due to the slump in the information technology industry, a Kyodo News survey showed Sunday.
BUSINESS
Apr 20, 2002

Daiei suffers 332.5 billion yen loss

Ailing supermarket operator Daiei Inc. announced Friday a consolidated net loss of 332.51 billion yen for the business year that ended in February, blaming the losses on increased restructuring costs.
BUSINESS
Apr 12, 2002

Zoellick proposes WTO ministerial talks

U.S. Trade Representative Robert Zoellick told Foreign Minister Yoriko Kawaguchi on Thursday that a four-way ministerial meeting should be held next month in Paris under the World Trade Organization, according to a ministry official.
BUSINESS
Apr 11, 2002

LDP panel backs down from postal privatization plan

An LDP panel on postal deregulation agreed Wednesday to prioritize a bill that would authorize a public entity to take over government-run postal services and focus less on a bill to allow private firms to offer mail services.
Japan Times
BUSINESS
Apr 3, 2002

Tokyo Marine, Nichido Fire integrate into holding firm

Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co. integrated their operations Tuesday and established a holding company that will eventually cover the Millea Insurance Group, which comprises three nonlife and one life insurer.
BUSINESS
Apr 2, 2002

Daido Life becomes stock firm

Daido Life Insurance Co. converted itself from a mutual firm into a stock company Monday, becoming the first Japanese life insurer to go public.
BUSINESS
Mar 27, 2002

New postal players face flat-rate service

New players in Japan's postal services would be obliged to set flat rates nationwide for ordinary mail of up to 250 grams after partial liberalization in 2003 under government-drafted legislation, Liberal Democratic Party officials said Tuesday.
BUSINESS
Feb 21, 2002

Cooking oil producers set to merge

A joint holding company to be formed April 1 by Honen Corp. and Ajinomoto Oil Mills Co. will merge with another cooking oil producer, Yoshihara Oil Mill Ltd., to create the largest domestic entity in the field, according to the three firms.
JAPAN
Feb 16, 2002

How safe will bank accounts be after March 31?

On April 1, the full guarantee on bank deposits will expire, and you owe it to yourself to make sure your savings are not at risk. Here are some frequently asked questions about what happens if a bank fails after March 31:
COMMENTARY / WASHINGTON UPDATE
Feb 10, 2002

Battle begins for security, 'other stuff'

WASHINGTON -- In his first formal State of the Union address, President George W. Bush portrayed the terrorism threat in stark detail, disclosing that American forces in Afghanistan have found diagrams of U.S. nuclear power plants and suggested that "tens of thousands of trained terrorists are still...
EDITORIALS
Feb 7, 2002

An optimistic economic outlook

How will Japan's economy develop from fiscal 2002 through 2006? The official answer, in a nutshell, is that it will stage a slow but steady recovery led by private demand. Under the circumstances, that is probably the most the government can hope for. The big question is whether this scenario will come...
BUSINESS
Feb 1, 2002

Ministry panel to weigh creation of economic zones

The Ministry of Economy, Trade and Industry asked an advisory panel Thursday to look into the creation of more special economic zones in Japan in an attempt to reinvigorate the sluggish economy.
BUSINESS
Jan 24, 2002

Japan unlikely to increase ODA spending in fiscal '03

Japan is unlikely to increase its official development assistance in fiscal 2003 despite growing international calls for more funds, government officials said Wednesday.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami